Would you prefer silver over gold?
By picjim
@picjim (3002)
India
July 12, 2010 9:54pm CST
Many experts believe silver might provide better results than gold in the next few years.They believe there is a ratio in the price between silver and gold which has historically been maintained by the market.Now gold is much higher than silver according to the present price that is the ratio.So keeping his in mind would you opt to invest in silver?
1 person likes this
10 responses
@SQD444 (677)
• India
9 Nov 11
hi there
i think both are great option for investment and if at all you are looking for a short term trading like future and margin trading i would suggest trading in silver than in gold as the margin requirements would be low and silver gives good fluctuation also
@picjim (3002)
• India
10 Nov 11
Hi!What you say is very factual and is borne out by most columnists commenting on gold and silver.Future and margin trading are good for people who are nimble footed.Those having a thorough understanding of the markets can do well in these circumstances.Yes,silver price does give a wide fluctuation enabling us to trade.Thanks,your views were quite interesting and useful.
@piya84 (2580)
• India
6 Nov 11
I myself trade metals and i just dont buy anything like this.Factors affecting prices are complex and then they keep changing as time pass.I dont think so you can predict what would happen in next 5 years.
Gold has gone up because many reserve banks are holding it.They may sell it and gold may collapse instead of silver adjusting price with gold.
@picjim (3002)
• India
10 Nov 11
By trading in metals is it copper and other base metals that you are implying?I quite back you when you say the commodity markets are complex.When i started the discussion i was more concerned about the the next year or two.Five years is a long time and several economic factors effecting these metals can totally change turning all our predictions topsy turvy.
@picjim (3002)
• India
14 Jul 10
What i wanted to get to your and other friends notice is that silver will never catch up with gold.What certain analysts say is historically there is a ratio in price between crude oil and gold similarly between gold and silver.Sometimes the ratio of price between silver and gold is lower at times higher depending on market factors.Now analysts feel silver for a variety of reasons will decrease the gap in ratio but will never be equal to gold or catch up with gold.I accept your view that we can't afford to invest in gold and silver at such high prices.
@tonyllenium (6252)
• Italy
17 Oct 10
i still prefer gold than silver especially if we talk about future investments!So may be this option cna be true such as that silver will overcome the gold in a period but i think that in long term investment gold should result always better
@picjim (3002)
• India
17 Oct 10
What you say i feel will hold good in the long run.But these days commodity experts have shifted their stance to agri products as they feel there could be a crop failure due to climatic conditions.In the short run dependent on market conditions silver is likely to outrun gold.Excess currency in circulation could give a fillip to the price of these precious metals.
@jpso138 (7851)
• Philippines
13 Jul 10
I think gold will always be on top as compared to silver. As compared to silver, gold is much more sensitive, much lighter and by its characteristic, gold will always be what it is. Of course, many people now prefer silver considering that its harder and cost lower than gold. But I think the market will always be consistent in so far as price difference between gold and silver.
@picjim (3002)
• India
13 Jul 10
Gold will as you say will always be higher than silver.But do you feel the gap between the two is likely to be narrowed.For instance if the difference in price ratio between gold and silver at the present moment is 1:25 could it be narrowed to 1:20.Gold many experts believe is superior to silver as far as its characteristics are concerned.
@busybee10 (3186)
• India
13 Jul 10
No - I don't prefer to invest in silver.
Because, Gold stands majestically in the whole world. Price does not matter for me.
It is an investment which will fetch us good money as time goes by.
This is a game which we shall play in life and mostly preferred by rich people only, poor people have poor thoughts and may not go for these games at all.
It is an investment which will fetch us good money as time goes by.
This is a game which we shall play in life and mostly preferred by rich people only, poor people have poor thoughts and may not go for these games at all.@picjim (3002)
• India
14 Jul 10
Yes i get what you are trying to say.When we are in financial hardship there is no question of gold or silver.Our energies and resources as you rightly say are channelised towards sustainment.It more a thought which is entertained by the haves and not havenots.Thanks for your contribution and happy mylotting.
@youless (112562)
• Guangzhou, China
13 Jul 10
I prefer silver than gold because I think silver is much more elegant and sometimes the gold seems to be shallow. Besides, it is dangerous to wear gold jewelry outside because it may get attention and being robbed. Whereas it is alright to wear silver jewelry.
I love China
@picjim (3002)
• India
13 Jul 10
Many people seem to prefer silver to gold.I do accept your assertion that it is dangerous to wear gold jewelery as the chances of theft are high.Silver as you say gives an elegant appearance and one feels safe wearing it.I feel if the present trend continues there is a chance of silver appreciating more.
@spiderlizard22 (3444)
• United States
15 Jul 10
If silver is worth more then gold then I would prefer silver.
@o0jopak0o (6394)
• Philippines
14 Jul 10
i still prefer gold. but i think it is too expensive to invest for most of the population.
@denise36 (128)
• United States
13 Jul 10
As for investing, I think it will be awhile before silver becomes for valuable than gold, if ever. Gold used to be used as a form of currency and I think people still associate investing in gold as some sort of currency. I'm sure it's a psycholigical connection there. Gold is just considered by many as more valuable and therefore, this will probably stay reflected in the market. So, silver would not be something I would invest in but...give me silver any day to wear, I think it is so much prettier than gold.
@picjim (3002)
• India
13 Jul 10
What you is true as experts have been saying the ratio of price difference will narrow.But events and price don't seem to corroborate their theory.It could as you feel be just a psychological factor at play.A lot of women from west seem to prefer silver to gold which is vice versa in the east for a country like India.
